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Ashgabat, Tokyo discuss economic partnership prospects

Business Materials 22 April 2015 17:36 (UTC +04:00)

Ashgabat, Turkmenistan, April 22

By Huseyn Hasanov- Trend:

During the meeting, Turkmen President Gurbanguly Berdimuhamedov and Charge d'Affaires of Japan in Turkmenistan Hideomi Nakajima exchanged views on the partnership prospects, the government of Turkmenistan said April 21.

"Increasing of the bilateral trade turnover and intensifying of the direct contacts between public and private institutions of the two countries are among the priorities," the statement said.

The diplomat conveyed greetings of Japanese Emperor Akihito, Prime Minister Shinzo Abe, who have expressed great interest in the continuation of long fruitful cooperation for the benefit of the two countries and peoples.

The Turkmen leader also expressed the wishes to the imperial family, the government and people of Japan, confirming the country's readiness to continue the strategic partnership course for mutual benefit.

The Turkmen president's official visit to Japan in September 2013 was the impetus for the development of economic relations. The contracts worth several billion dollars were signed following the visit to build a number of large industrial enterprises in the oil, gas and chemical industries.

In particular, the consortium consisting of Kawasaki Heavy Industries, Ltd (Japan) and Rönesans Endüstri Tesisleri (Turkey) will build a plant for the production of synthetic gasoline by converting natural gas in 2018. This project is estimated at $ 1.7 billion. The production capacity will be 15,500 barrels of synthetic gasoline per day.

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